Before becoming an LP, I prefer to ask one question first: is there consistent trading activity in this market? The pools by @Hertzflow_xyz are structured as one market, one liquidity pool, where LPs take on the counterparty risk of that specific market. So, if one day the APY suddenly spikes, it doesn’t necessarily mean the pool is worth entering. What truly matters is whether trading volume can be sustained, whether capital efficiency is healthy, and whether there are real users sticking around after the market cools down. This is also what makes permissionless markets so interesting. When a new asset supported by an Oracle gains traction, the first thing you’ll notice is trading demand. If the hype sustains, only then will more stable liquidity demand emerge. With people trading, others providing HzLP, and some bringing in new users through content and referrals, a market can gradually form its own cycle. That’s why my approach isn’t to jump in just because I see high yields. Instead, I start with small trades, observe the activity and engagement, and then decide whether to become an LP. APY only tells you what’s happening today, but sustained trading demand determines whether this pool has long-term value. @EchoHunt_ai